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530890 (Harmonized System 1992 for 6-digit)

2023
World Trade $78.8MRnk 4171 / 4644
2023
Top Exporter | Top Importer $21.1M | $8.71MChina | China
2023
Product Complexity -1.32Rnk 4119 / 4656
2022 - 2023
Export Growth (CAGR) -35.7%Rnk 4381 / 4644
2023
Share of World Trade 0.00035%Rnk 4171 / 4644

About

Overview This page contains the latest trade data of Yarn of other vegetable textile fibres. In 2023, Yarn of other vegetable textile fibres were the world's 4171st most traded product, with a total trade of $78.8M. Between 2022 and 2023 the exports of Yarn of other vegetable textile fibres decreased by -35.7%, from $122M to $78.8M. Trade in Yarn of other vegetable textile fibres represent 0.00035% of total world trade.

Yarn of other vegetable textile fibres are a part of Other Vegetable Fibers Yarn.

Exports In 2023 the top exporters of Yarn of other vegetable textile fibres  were China ($21.1M), Italy ($10.6M), Brazil ($8.05M), Spain ($6.36M), and Vietnam ($5.52M).

Imports In 2023 the top importers of Yarn of other vegetable textile fibres were China ($8.71M), United States ($6.21M), Nigeria ($5.64M), Japan ($4.84M), and South Korea ($3.98M).

Ranking Yarn of other vegetable textile fibres ranks 4119th in the Product Complexity Index (PCI).

Description Yarn of other vegetable textile fibres is used in the manufacture of paper, ropes, cords, and carpets. These textile fibres are also used in the preparation of substances for the chemical industry and in the manufacture of lubricating oils and other substances.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of other vegetable textile fibres. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$21.1M
Top Destination (2023)China$8.71M

In 2023 Yarn of other vegetable textile fibres were the world's 4171st most traded product (out of 4,644).

In 2023, the top exporters of Yarn of other vegetable textile fibres were China ($21.1M), Italy ($10.6M), Brazil ($8.05M), Spain ($6.36M), and Vietnam ($5.52M).

In 2023, the top importers of Yarn of other vegetable textile fibres were China ($8.71M), United States ($6.21M), Nigeria ($5.64M), Japan ($4.84M), and South Korea ($3.98M).

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Exporters of Yarn of other vegetable textile fibres (2023)
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Importers of Yarn of other vegetable textile fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$2.81M
Top Destination Growth (2022 -  2023)China$2.87M

Between 2022 and 2023, the exports of Yarn of other vegetable textile fibres grew the fastest in Vietnam ($2.81M), Brazil ($1.43M), Japan ($728k), Poland ($288k), and Cote d'Ivoire ($239k).

Between 2022 and 2023, the fastest growing importers of Yarn of other vegetable textile fibres were China ($2.87M), India ($1.08M), Cuba ($823k), Belarus ($431k), and France ($357k).

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Exporters of Yarn of other vegetable textile fibres (2022 - 2023)

Importers of Yarn of other vegetable textile fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of other vegetable textile fibres.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Yarn of other vegetable textile fibres are explained by 14 countries.

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Value of Exports in Yarn of other vegetable textile fibres

Net Trade

TOP NET EXPORTER (2023)China$12.4M
TOP NET IMPORTER (2023)Nigeria$5.64M

This map shows which countries export or import more of Yarn of other vegetable textile fibres. Each country is colored based on the difference in exports and imports of Yarn of other vegetable textile fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of other vegetable textile fibres were China ($12.4M), Brazil ($7.95M), Italy ($7.59M), Spain ($4.38M), and Kenya ($3.33M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of other vegetable textile fibres were Nigeria ($5.64M), United States ($4.71M), South Korea ($3.95M), Portugal ($3.39M), and France ($2.45M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Yarn of other vegetable textile fibres.
It is possible to select the main countries that export or import Yarn of other vegetable textile fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of other vegetable textile fibres by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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